Pervasive Software (PVSW)
Pervasive Software Beta: 0.4973
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PVSW Beta Range, Past 5 Years
| Minimum | 0.4415 | Dec 2010 |
| Maximum | 1.097 | Jun 2007 |
| Average | 0.6372 |
About Beta 60 Month
YCharts calculates the 60 month market beta by regressing stock returns less the risk free rate of returns on the market returns less the risk free rate of return (Market returns come from the S&P 500 Total Returns Index (SPXTR), and the risk free rate is the 4 Week Average T-Bill (Monthly). There must be a minimum of 36 months of stock returns for a company to have its beta calculated.
Beta is a measure of the risk of a stock when it is included in a well-diversified portfolio.
In financial theory, the Capital Asset Pricing Model breaks down expected stock returns into two components. The first is the return that would be expected based on covariance with the movements of the market (for most stocks, when the market as a whole goes up, the price of the stock will also go up). The second part is the increase in the price of a stock that is not explained by the market. The first part - covariance with the market - is what Beta captures.
When Beta is positive, the stock price tends to move in the same direction as the market, and the magnitude of Beta tells by how much. If a stock's Beta is greater than 1, that means that when the market index goes up 1%, we expect the stock will go up by more than 1%. On the contrary, if the market goes down by 1%, we expect the stock to go down by more than 1%. Negative Betas, while rare, signify a negative correlation. When the market goes up, we would expect the stock price to go down.
For readers with a background in regression analysis, Beta is the slope of the linear regression shown in the formula below, where Returns are the return on an individual stock or portfolio, Rf is the risk free rate, RMarket is the return on a market portfolio, and e is an error term.
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PVSW News
about 8 hours ago by theQu4nt
about 15 hours ago by Zachlehner
about a day ago by theQu4nt
May 29, 9:00AM Business Wire
May 29, 9:00AM Business Wire
about 5 days ago by theQu4nt
about 5 days ago by theQu4nt
about 6 days ago by theQu4nt
about 6 days ago by theQu4nt
about 7 days ago by theQu4nt
about 7 days ago by theQu4nt
about 7 days ago by theQu4nt
May 24, 9:00AM Business Wire
about 10 days ago by theQu4nt
about 10 days ago by theQu4nt
about 13 days ago by theQu4nt
May 15, 9:00AM Business Wire
about 21 days ago by theQu4nt
about 23 days ago by theQu4nt
about 23 days ago by theQu4nt
about 27 days ago by theQu4nt
about 27 days ago by theQu4nt
about 30 days ago by theQu4nt
about 30 days ago by theQu4nt
about 32 days ago by theQu4nt
about 32 days ago by theQu4nt
about 32 days ago by theQu4nt
about 33 days ago by theQu4nt
about 35 days ago by theQu4nt
about 37 days ago by howardlindzon
about 37 days ago by GoodGreed
Apr 24, 10:46PM Seeking Alpha
Apr 24, 4:10PM Business Wire
Apr 23, 1:52PM Business Wire
Apr 17, 9:00AM Business Wire
Apr 05, 4:03PM Business Wire
Mar 26, 9:00AM Business Wire
Feb 27, 6:48PM Business Wire
Feb 23, 9:00AM Business Wire
Feb 13, 9:00AM Business Wire
Feb 02, 9:00AM Business Wire
Jan 26, 4:00PM Business Wire
Jan 25, 4:09PM Business Wire
Jan 24, 10:56PM Seeking Alpha
Jan 24, 4:10PM Business Wire
Jan 18, 8:00AM Business Wire
Jan 10, 4:10PM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| PVSW | 7.10 | +0.18 | +2.60% | 111.97M |
| PVR | 23.21 | +0.06 | +0.26% | 1.830B |
| PVI | 24.99 | +0.00 | +0.00% | |
| PVH | 81.00 | -2.04 | -2.46% | 5.714B |
| PRIM | 11.99 | -0.01 | -0.08% | 612.84M |
| PRI | 24.07 | +0.25 | +1.05% | 1.547B |
| PRGX | 6.73 | +0.01 | +0.15% | 168.60M |
| PRGS | 19.22 | -0.01 | -0.05% | 1.192B |
| PRGO | 103.89 | -0.74 | -0.71% | 9.762B |
| PRGN | 0.58 | +0.00 | +0.00% | 34.72M |